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To: JC Jaros who wrote (2173)2/20/2000 10:09:00 PM
From: E. Charters  Read Replies (1) | Respond to of 2615
 
Oh look. For free.

1. Stay in bed and recriminate late.

2. Worry about consequences incessantly and continue to change plans.

3. Never take action where rethinking can be done.

4. Take the least money route out of principal.

5. Cancel action if regulations may be implemented that may interfere with profitability even in a minor way.

6. Spend lots of money on planning.

7.Wherever you can do it yourself easily and cheaply hire a consultant and spend money.

8. Always believe government civil servants and follow their directions implicitly.

9. Spend reckelessly and never budget.

10. Apply for gov't funds and spend lots of time filling out necessary forms.

11. Try to get money from pensioners to invest in projects.

12. Discuss plans with business competitors as after all they are experts.

13. Send your business plan to every venture capitalists who asks for it.

14. Change your plans when anyone argues with you.

15. Argue with investors at every opportunity.

16. Let other people appoint board members to your company who tell you they will bring in money real soon now.

17. Spend a lot of time arguing with these board members about spending money that you have raised.

18. Don't listen to your conscience about people you should trust.

19. Never fire a person who screws you around, dissatisfies you or tries to get control of your business.

20. Listen to psychophants as they stroke your ego.

21. Listen to other people who tell you are experts when they have no money. (Not a universal rule but a general guide)

22.Underfund your company.

23. Operate out of your home.

24. Believe employees are easy to hire, easy to administer honest and require modest rates of pay.

25. Believe the gov't will help your business profit and operate.

26. Believe the constabulary and regulators are nice people who are just doing their job.

27. Limit communication and business tools as a waste of money. (Phone, cell, Fax.

28. Spend a lot of time on the internet when your business is not an interent business.

29. Refuse to listen to businesses who have been there and done that.

30. Refuse to hire consultants who have helped other businesses to great profitability as you know better.

31. Form a partnership.

32. Trust a business deal where the partners or shareholders will not commit a principal or clause to paper.

33. Trust anyone who says "trust me", or "you don't know business" or "in our business we have to trust each other" or "we would do that".

34. Trust anyone how wants to know every detail of the companies business who does not need to know it.

35. Trust any rule at all times.

EC<:-}